IGS Energy agreed to acquire Border Energy, a retail natural gas and electricity supplier based in Powell, Ohio. The transaction for the gas business was effective Aug. 31, and the power business will be effective Sept. 30, upon Federal Energy Regulatory Commission approval.
The acquisition will add about 70,000 customers in Indiana, Michigan and Ohio to IGS Energy’s customer base. IGS Energy will honor all of Border Energy’s existing contracts.
Recommended Reading
Parker Wellbore, TDE Partner to ‘Revolutionize’ Well Drilling
2024-03-13 - Parker Wellbore and TDE are offering what they call the industry’s first downhole high power, high bandwidth data highway.
Ecopetrol, Occidental Permian JV Generating Positive Results
2024-03-07 - Ecopetrol SA's joint venture with Occidental Petroleum in the Permian continues to generate outstanding operational and financial results for the Colombian state-owned energy giant.
Equinor Brings Solar Plant Online in Brazil
2024-03-08 - Equinor says the Mendubim solar plant will produce 1.2 terawatt hours of power annually.
TotalEnergies, Sinopec to Develop SAF Unit in China
2024-03-26 - TotalEnergies and Sinopec’s production unit will have the capacity to produce 230,000 tons of sustainable aviation fuel per year.
OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business
2024-03-27 - One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.